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Visa price target raised, added to ‘Tactical Outperform’ list at Evercore ISI

Evercore ISI raised the firm’s price target on Visa (V) to $380 from $375 and keeps an In Line rating on the shares. The firm also added the stock and shares of peer MasterCard (MA) to the firm’s “Tactical Outperform” list heading into year-end and into the Q4 earnings season, citing potential reversion of relative year-to-date underperformance, valuation and potential for increased investor interest into year-end.

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